Karbon-X (Karbon-X) 12-1 Month Momentum % : N/A% (As of May. 25, 2024)

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What is Karbon-X 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-25), Karbon-X's 12-1 Month Momentum % is N/A%.

The industry rank for Karbon-X's 12-1 Month Momentum % or its related term are showing as below:

KARX's 12-1 Month Momentum % is not ranked ^*
in the Media - Diversified industry.
Industry Median: -8.11
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Karbon-X's 12-1 Month Momentum %

For the Advertising Agencies subindustry, Karbon-X's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Karbon-X's 12-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Karbon-X's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Karbon-X's 12-1 Month Momentum % falls into.

Karbon-X (OTCPK:KARX) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Karbon-X (OTCPK:KARX) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Karbon-X 12-1 Month Momentum % Related Terms

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Karbon-X (Karbon-X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Karbon-X Corp (OTCPK:KARX) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

910 7TH AVE SW, SUITE 1000, Calgary, AB, CAN, T2P 3N8

Website

https://www.karbon-x.com

Karbon-X Corp is a tech-based carbon marketing company specializing in selling carbon credits direct to business or through an owned APP to the everyday person while investing in projects that have the potential to generate carbon credits and supplies in an online social media community to encourage change and growth. The Company sells carbon offsets to mining, forestry, civic earthworks, transportation and oil and gas servicing companies based on their total fossil fuel consumption for individual projects.